The Market Yesterday
EGP / USD CBE market average: Buy 16.07 | Sell 16.19
EGP / USD at CIB: Buy 16.08 | Sell 16.18
EGP / USD at NBE: Buy 16.10 | Sell 16.20
EGX30 (Sunday): 14,237 (-0.1%)
Turnover: EGP 381 mn (46% below the 90-day average)
EGX 30 year-to-date: +9.2%
THE MARKET ON SUNDAY: The EGX30 ended Sunday’s session down 0.1%. CIB, the index’s heaviest constituent, ended down 0.1%. EGX30’s top performing constituents were Orascom Investment Holding up 3.0%, Egyptian Iron & Steel up 2.3%, and Pioneers Holding up 2.3%. Yesterday’s worst performing stocks were Juhayna down 1.1%, Elsewedy Electric down 0.8% and Orascom Construction down 0.3%. The market turnover was EGP 381 mn, and regional investors were the sole net buyers.
Foreigners: Net short | EGP -7.6 mn
Regional: Net long | EGP +10.4 mn
Domestic: Net short | EGP -2.8 mn
Retail: 83.3% of total trades | 82.9% of buyers | 83.6% of sellers
Institutions: 16.7% of total trades | 17.1% of buyers | 16.4% of sellers
WTI: USD 56.66 (+0.8%)
Brent: USD 62.02 (+0.6%)
Natural Gas: (Nymex, futures prices) USD 2.30 MMBtu, (-0.7%, November 2019 contract)
Gold: USD 1,505.30 / troy ounce (+0.0%)
TASI: 7,891 (-0.3%) (YTD: +0.8%)
ADX: 5,148 (-0.3%) (YTD: +4.8%)
DFM: 2,787 (+0.1%) (YTD: +10.2%)
KSE Premier Market: 6,291 (+0.1%)
QE: 10,301 (-0.8%) (YTD: -0.0%)
MSM: 3,986 (-0.1%) (YTD: -7.8%)
BB: 1,527 (+0.1%) (YTD: +14.20%)